Supreme Petrochem Limited announced that under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 about the disruption due to floods and subsequent commencement of operations of Chennai plant. The company has lodged an initial claim of INR 109.2 million with the Insurance Company. The Insurance company appointed surveyors work is in progress.

Since the Company has adequate insurance cover on reinstatement cost basis for fixed assets and on cost basis for raw materials and stores and on selling price basis for finished goods, the management do not expect any financial loss on account of the same. The Company is also insured for "Loss of Profit" during the period the plant operations were shut.